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Palace Court Commercial Property Limited

13440751

active
Private Limited Company
Companies House
Health Score
66 / 100

Some Concerns

30/30
Filing
0/30
Financial
36/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

20 HAVELOCK ROAD, HASTINGS, TN34 1BP
Incorporated 07/06/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Patrick Antony Hanlon

director · Since 07/06/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 16 other boards

Mr Steven Brian Rhodes

director · Since 07/06/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 55

Also on 19 other boards

Persons with Significant Control

Mr Patrick Anthony Hanlon

Significant control

British · United Kingdom · Age 56

20 Havelock Road, Hastings, TN34 1BP

Notified 07/06/2021

Mr Steven Brian Rhodes

Significant control

British · United Kingdom · Age 55

20 Havelock Road, Hastings, TN34 1BP

Notified 07/06/2021

Sussex Coast Properties Limited

75–100% shares
75–100% votes
Appoint directors

20 Havelock Road, Hastings, TN34 1BP

Reg: 08429997 · England And Wales · Limited Company

Notified 07/06/2021

Former PSCs

Mrs Dawn Hanlon

Ceased 07/06/2021

Charges2 outstanding

Charge
outstanding

ALLICA BANK LIMITED

Created 19/04/2022Registered 27/04/2022
Charge
outstanding

ALLICA BANK LIMITED

Created 19/04/2022Registered 27/04/2022

CompanyRankvs 74883+ SIC 41100 peers
9

Financial strength20th percentile among SIC peers · 5/25
Employees15th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.09× · 2/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength5/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity5/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The directors have made an assessment about the company's ability to continue as a going concern and they do not consider there to be any material uncertainties. As a result they have adopted the going concern basis of accounting. Turnover Turnover is represented by rents received.

Key FinancialsYear ending 31/03/2025

Net Worth

-£1k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

-£218k

Working capital

Current Assets

£22k

Current Liabilities

£240k

Debtors

£19k

0avg. employees

Balance Sheet

Assets less current liabilities£292k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.09+£1k
2024-£13k
20230.00

Derived from filed accounts. Not audited figures.